Sigma Lithium Corporation [SGML] stock is trading at $11.30, up 9.92%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The SGML shares have gain 3.76% over the last week, with a monthly amount drifted -8.13%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Canaccord Genuity upgraded its rating to Buy on April 18, 2023. On January 20, 2023, BMO Capital Markets initiated with a Outperform rating. BofA Securities started tracking the stock assigning a Buy rating and suggested a price target of $14 on January 06, 2022.
Sigma Lithium Corporation [SGML] stock has fluctuated between $8.47 and $19.20 over the past year. Sigma Lithium Corporation [NASDAQ: SGML] shares were valued at $11.30 at the most recent close of the market.
Analyzing the SGML fundamentals
Sigma Lithium Corporation [NASDAQ:SGML] reported sales of 164.89M for the trailing twelve months, which represents a drop of -54.67%. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at -0.1%, Pretax Profit Margin comes in at -0.39%, and Net Profit Margin reading is -0.37%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is -0.38 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.68.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.58 points at the first support level, and at 9.85 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.84, and for the 2nd resistance point, it is at 12.37.
Ratios To Look Out For
For context, Sigma Lithium Corporation’s Current Ratio is 0.84. Further, the Quick Ratio stands at 0.66, while the Cash Ratio is 0.48. Considering the valuation of this stock, the price to sales ratio is 7.66, the price to book ratio is 11.44.
